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		<title>PDURATION Function</title>
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            <h1>PDURATION Function</h1>
            <p>The <b>PDURATION</b> function is one of the financial functions. It is used to calculate the number of periods required by an investment to reach a specified value.</p>
            <p>The <b>PDURATION</b> function syntax is:</p>
            <p style="text-indent: 150px;"><b><em>PDURATION(rate, pv, fv)</em></b></p>
            <p><em>where</em></p>
            <p style="text-indent: 50px;"><b><em>rate</em></b> is the interest rate per period.</p>
            <p style="text-indent: 50px;"><b><em>pv</em></b> is the present value of the investment.</p>
            <p style="text-indent: 50px;"><b><em>fv</em></b> is the desired future value of the investment.</p>
            
            <p class="note"><b>Note:</b> all arguments must be represented by positive numbers.</p>
            <p>The values can be entered manually or included into the cell you make reference to.</p>
            <p>To apply the <b>PDURATION</b> function,</p>
            <ol>
                <li>select the cell where you wish to display the result,</li>
                <li>
                    click the <b>Insert function</b> <div class = "icon icon-insertfunction"></div> icon situated at the top toolbar,
                    <br />or right-click within a selected cell and select the <b>Insert Function</b> option from the menu,
                    <br />or click the <div class = "icon icon-function"></div> icon situated at the formula bar,
                </li>
                <li>select the <b>Financial</b> function group from the list,</li>
                <li>click the <b>PDURATION</b> function,</li>
                <li>enter the required arguments separating them by commas,</li>
                <li>press the <b>Enter</b> button.</li>
            </ol>
            <p>The result will be displayed in the selected cell.</p>
            <p style="text-indent: 150px;"><img alt="PDURATION Function" src="../images/pduration.png" /></p>
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